Sept. 14, 2021

John Bowens: Real Estate IRA's

John Bowens: Real Estate IRA's

Welcome back to another episode of the Real Estate Excellence Podcast! Today we're having John Bowens on the podcast. He is one of the most sought-after and respected educators in the self-directed IRA industry, partly due to his unique ability to...

Welcome back to another episode of the Real Estate Excellence Podcast! Today we're having John Bowens on the podcast. He is one of the most sought-after and respected educators in the self-directed IRA industry, partly due to his unique ability to take a complex issue and break it down into simple-to-understand terms. Currently a Senior Manager at IRA custodian Equity Trust Company, John draws from his 15 years in the real estate industry and his experience as an active real estate investor. In his travels across the U.S. and virtually, he has trained over 60,000 investors during more than 400 workshops and classes, spreading the message about the power of building tax-free wealth and leaving a lasting legacy by investing in what you know best. John also contributed to the book “Self-Directed IRAs: Building Retirement Wealth Through Alternative Investing” with Equity Trust Company Founder Richard Desich, Sr., and has appeared on several national real estate and finance-related radio shows.



If you are interested in knowing more about the IRA industry, then this episode is for you. Make sure to stay tuned until the end and check the additional resources section of the show notes! 



[00:01 - 10:07] Opening Segment 

 

  • I welcome John to the show
  • John shares about how he got into real estate
    • Started in his teen years
    • Involved with real estate to 18 years
    • Growing up being exposed to real estate
    • Started with construction projects
  • Equity trust is very unique
    • Only 4 - 5 firms that has a presence in the industry
    • Focus on alternative investment
    • Secondary is real estate 

 

[10:08 - 33:07] What you need to know about Roth IRAs

 

  • Having aggressive retirement goals 
    • Deploying Roth IRAs and other tax advantaged investment accounts into income producing real estate investment opportunities
    • Redeploying it into more investment opportunities
    • Being very disciplined in the financial approach
    • Leveraging again compounding interest in the absence of taxation
  • 401Ks and Roth IRAs
  • Taking considerable investments on technology
    • Doing transactions onlines
  • Using an IRA to buy a stock/ mutual fund/real estate
    • How does it work?
  • The IRA as a high performance speedboat
    • It will get you to your retirement goals in a much shorter period of time
    • The importance of distinguishing the difference between taxable investing and non taxable IRA investing
    •  IRAs avoid probate
  • What you can do with your IRA in terms of real estate
  • Challenges of investors with IRAs
    • There are ways that you can fund real estate transactions with even a small amount of money in an IRA



[33:08 - 42:42] Closing Segment

  • Where to find more information about Roth IRAs
    • Check additional resource links below 
  • Connect with John Bowens
    • See links below
  • Final words



Additional Resources: 

 



Tweetable Quotes:

“What I teach and what I try to preach and practice myself is creating wealth and preserving wealth utilizing these tax deferred and tax free instruments.” - John Bowens

 

“This IRA is so incredibly powerful, because I can create tax free profit. And with compound interest in the absence of taxation, it's incredibly powerful.” - John Bowens





You can reach out to John Bowens through his mobile or by sending him an email at j.bowens@trustetc.com. You can also connect with her via Facebook or through this website

 

Register to his webinar here and check out other on-demand trainings here




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